Hess Luther C Pfdn

BROOKLYN, OH EIN: 94-3194657

Hess Luther C Pfdn is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $138K. Net investment income was $250K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+4.7% YoY

Annual Giving

$138K

+7.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$138K

+7.5% YoY

Under IRS private-foundation payout rules, Hess Luther C Pfdn reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

About Hess Luther C Pfdn

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alaska $661K (100%)

States

Alaska

Cities

Fairbanks

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,430,337	$2,321,528	$2,415,769
Revenue	$255,017	$40,934	$-7,968
Expenses	$146,068	$135,174	$130,837
Qualifying Distributions	$140,278	$130,544	$118,977
Net Investment Income	$249,844	$32,370	$20,298
Distributable Amount	$137,800	$126,656	$130,258

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Alaska Foundation ($137,708).

Recipient	Purpose	Amount
UNIVERSITY OF ALASKA FOUNDATION FAIRBANKS, AK	HELP WOMEN STUDENTS IN NEED	$137,708

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$6,081

Frequently Asked Questions

How large is Hess Luther C Pfdn?

As of 2024, Hess Luther C Pfdn holds $2.4M in total assets with $255K in annual revenue. It awarded 1 grants totaling $138K in 2024.

Where does Hess Luther C Pfdn operate?

Hess Luther C Pfdn has awarded grants in Alaska.

What size grants does Hess Luther C Pfdn award?

In 2024, Hess Luther C Pfdn awarded 1 grants totaling $138K — an average of about $138K per grant, based on its IRS Form 990 filings.

How much is Hess Luther C Pfdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hess Luther C Pfdn reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.